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of the eurozone shows continued slump in services activity. >>> plus first lady michelle obama fires up the base in the democratic national convention, making the case for voters to give her husband a second term in office. >>> let's check in on markets as we sort of near the beginning of the u.s. trading session. dow jones industrial average sitting below that 13,000 mark is looking to open lower, taking fair value into account by about 35 point. nasdaq, s&p 500 are also in the red this morning a bit of a bigger move than we've seen with indecks in the last couple weeks. part keying off attitudes we've seen in markets overnight. let's take a look at cnbc ftse 100, down spurred by parts of asian demand, the fedex profit warning we've talked about, or change in guidance, that is, european markets for their part are also in red. ftse 100 down despite better tone. xetra dax down 0.3 trs. it's unusual for us to see all the vorcies doing the same thing. >> that eurozone pmi is coming out, nudged down from the flash number. what's the impact on the spanish bond yield? they are lower than we were two d
headlines out of charlotte. first lady michelle obama speaking to the party faithful last night. bill clinton is tonight's headliner. we'll go to north carolina and check in with john harwood in a moment. >>> first, nfl kickoff, the giants and cowboys play tonight but the real game is on "squawk" this morning. we'll talk big business of the pigskin with the top nfl executive, mark wal erwaller at eastern time. and exclusive interview with indra nooyi from pepsico. and we'll talk to the owner of the new york jets, woody johnson at 7:15 eastern. and we have the owners of the cowboys and the giants, they will be live together at :15 eastern time. jerry jones and steve tisch in a "squawk box" exclusive. let's start with the top headlines, andrew. >>> let's talk facebook. it's promising not to sell stock to cover a $2 billion tax bill. it says it will cover that with existing cash and borrowing from credit facilities. as a result of the move, total outstanding shares will be reduced by 1.5 million shares. the company spinning it as a equivalent of buy back. the company disclosing rank and
. michelle obama speaks sprim time today and julien castro will give the key address. >>> mitt romney isn't enjoying the traditional post convention bounce. gallup poll rated 38% as the acceptance speech was good. >>> stick around, still to come on the program, monetary affairs commissioner olli rehn says they should be monitored by the ecb? a passionate belief, and the foundation on which merrill lynch has been built. today, our financial advisors lead from a new position of strength. together with bank of america, they have access to more resources than ever before. a steadfast commitment to help you achieve your financial goals in life. that's the power of the right advisor. that's merrill lynch. >>> here are the headlines. the ecb moves closer to unveiling bond buying plan as president draghi insists it does not breach rules on state aid. >>> david cameron prepares a cabinet reshuffle but finance minister george osborne looks set to survive. >>> central bank says it's less certain of outlook on china as australia's biggest iron ore producer has slashed spending. >>> democrats kick off
, michelle obama the first night, president clinton last night and president obama tonight. i think we've got a trifecta. >> yeah. there's been some powerful speeches. it's been said that clinton in 20 seconds made the best sell for the president, better than the white house has been able to make in four years, what do you make of that? >> there's only one bill clinton. did a great job last night. i think he really summed it up is that under democrats america gets jobs. under the republicans we don't do so well, and i think our president tonight will continue the effort to make sure that americans know the facts, and heard a lot of fibs last week at the republican convention and it's time to straighten out the record. >> still though, some read it as bit of a liability, that the white house or the president himself can't make that case. in the end, politics are a singles game, not a doubles game. how much pressure son him to sell himself tonight? >> well, i'm a white sox fan, and so is president obama, and we're in first place. we're going to stay in first place, and i think president obama c
that at all. >> did you hear any of that, tony? >> what about michelle obama? >> i think he just cited elizabeth warren's prime time speech. >> but do you have all the good positions, the democrats do. you care about people, not greedy money. you don't want to cut off health care for old people, you you love old people, you care about educating children. and by definition, i guess republicans are on the opposite side of all those positions which is a lousy -- you staked out all the good positions. >> this is working out great. >> it's difficult to run on that platform. >> it's that kind of rhetoric actually that really makes any kind of reform just impossible, right? because any reform of any existing system means that you are by definition, you know, just -- you want to create pottervilles in america by doing anything. >> it's working, though. >> i don't understand that at all. i mean, look, let's bring it down to kind of a reality level here. reform. okay. certainly i feel very strongly that the financial sector needs reform. and financial regulatory reform which dodd-frank passed un
Search Results 0 to 4 of about 5